Member Info for skyshack

A real drain £6.4 billion? 0.6% of the UK £1 trillion budget.

NHS and care services couldn't run without legal immigration.

It's a dog whistle and you have come running.

Most certainly did!

I had a works pension pot. Took 25% cash, put rest in RL draw down with 3.7%/pa income (62 months so far). Pre Trump gain was 9.9%, trump's election/instatement reduced it to 7.6%, after tariff 3.7%, soon recovered and it's now showing a gain of 9.4%.

But Ukraine war was worse. It had gained 10.1% in 2 years, then fell to 3% gain in 2022.

SIPP with AJB, had to do something with the redundancy pay that was taxable at 40%, paid the tax as PAYE. Then they returned 20% into the SIPP and I got the other 20% as cash. It fell from 33% growth before Trump to 26%, now stands at 38%. Unlike RL, Trump's election didn't affect it much.

I have no plans to die before 75. New IHT rules say the draw down pension is better as cash in my estate (or gifted from income) taxed at 52% (20% income tax, 40% IHT) than left with RL and taxed at 64% (40% IHT, 40% income tax).

Early this year I made the best investment of a lifetime and paid £3.3k for 4 years voluntary NI to get a full state pension, payback in 3 years. Got my bus pass a month ago.

Looks like I'm going to have to buy a farm.

Why do you keep bleating about the V2500? Yes they made a lot. of engines, 5300 and still have about 2000 to go before the NEO kills it. Didn't make any money. Rolls-Royce only sold shares that gave them a seat on board and made engine sales a 5 way. All 4 members of JV had to agree on the loss of JV bottom line profit when making a sale at less than list. Now it's 4 way and 3 members of JV have to take the hit. Rolls-Royce is still making all the V2500 HP compressors, still assembling 50% of the V2500 engines in Germany, still giving technical support for the compressor and getting paid as a supplier to do this. The V2500 doesn't have a future, PW geared fan has seen to that.

Click on the "C shares" tab. http://www.rolls-royce.com/investors/shareholders/payments-to-shareholders.aspx#c-share-issues Download the historical pdf. Compushare make it so hard to select C share redemption, keep missing the dates and getting C shares. Halifax share dealing you get an E-mail about "corporate notification", check the box as you desire and few months later get a 2nd E-mail to tell you can collect the cash or see your new share tally.